1. The increase in congestion on Britain's Road's
The supply for road use is fixed in the short run as it cannot be transferred; the roads are not constantly congested, it is only during peak times, the empty roads of the night and day cannot be transferred to the busy periods of morning and tea-time. In the long run another road could be built. ... The marginal cost to other road users is the added congestion caused by the extra car on the road. ... (ii) Road Pricing. Road Pricing is when Lorries and cars are charged for the use of a road, as for instance with the motorway tolls in Birmingham, UK. ...
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- Approx Pages: 7